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114 million Indonesians insured in H1 2024, up 28.4%
114 million Indonesians insured in H1 2024, up 28.4%
Bancassurance generated the highest premium income at $2.33b.
How gen AI can be the packaging and paper industry’s next frontier
Mckinsey & Company has identified building capabilities in six areas.
Only 20% of insurers assess tech risks fully
50% of CROs are already using early-warning KPIs to monitor risks.
Taiwan's general insurance to grow 6.8% annually to 2028
The industry is forecast to grow by 9% in 2024.
Asia leads in embedded insurance, set to reach $170b by 2030
70% of global losses between 2016 and 2023 from natural disasters are uninsured.
Japan’s general insurance sector slated for$94b by 2028
The industry is seen to grow 1.7% in 2024.
Japan’s life insurance slated for 4.7% CAGR through 2029
The industry is forecasted to expand by 6.8% in 2024.
India's life insurance growth slows to 10.6% in October
The industry is expected to grow by 1% to 13% over the next three to five years.
CleanTech startups attract investors amidst regulatory, funding challenges
Capital and business model hurdles persist.
Taiwan insurance sector profits rise to $9.8b, up 3.5% YoY in September
Both life and non-life sectors recorded double-digit growth.
APAC’s affluent move $700b to digital wealth management
These firms are adopting hybrid models that combine digital tools with limited human assistance.
Half of CEOs globally prioritise new business ventures
60% are eager to pursue generative artificial intelligence-enabled ventures.
APAC automotive aftermarket wear and tear market to grow 3.7% through 2028
Factors like accident rates and driving patterns will drive growth.
Banks gain 50% more tech capacity with productivity focus
Generative AI tools to streamline tasks can yield productivity gains of up to 30%.
S. Korea leads mobile game scores in East Asia as 5G improves gaming experience
The country led the Game Score with 90.06 out of 100 during H1 2024.
Finance trails in active gen AI adoption despite broad corporate uptake: report
The report cited issues over data accuracy, security risks, and use-case selections.
What is the potential impact of Trump 2.0?
Singapore faces the steepest challenges due to its highly open economy.
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The banking company was recognised for transforming operations with its Robotics Process Automation (RPA).
